Manager, Collateral Management

As the Manager, Collateral Management, you will report to the Senior Manager of Cash & Collateral Management and will be responsible for collaborating with a number of stakeholders to further build out our collateral management capabilities for existing products, as well as prepare for new product launches. You will lead the day-to-day collateral processes, design and implement collateral transformations for optimization, and manage key counterparty relationships.

Responsibilities

Manage day-to-day collateral processes with a focus on meeting daily collateral calls and supporting treasury money movements; Oversee and implement robust risk mitigation strategies for the team; Manage collateral sources and uses and contribute to the implementation of an optimization engine; Design and implement collateral management procedures for new products and initiatives; Work with stakeholders to forecast and anticipate growth in collateral requirements and develop a playbook to operationalize this; Maintain and build strong relationships with counterparties, acting as a key contact for middle and back-office functions; Problem-solve and collaborate with Product, Engineering, Trading, Treasury, and Finance to support the launch and scale of new products; Build processes, establish metrics, and stand up a structure that provides visibility into holistic collateral needs across the brokerage; Ensure compliance with all IIROC, GMSLA, and other regulatory requirements

Requirements

5+ years of experience in a collateral management, treasury operations, or securities finance role; Direct experience working with Clearing House collateral (OCC/CME/CDCC); Problem solving; Data and analytics; Organization and planning; Collaboration; Strong written and verbal communication; Proactive and action-oriented; High-level judgment; Honesty/integrity

Nice to have

Experience implementing a Collateral Management System; SQL and financial modeling skills

Benefits

Top-tier health benefits and life insurance; Long-term group savings with employer match, through Wealthsimple for Business; 20 vacation days, 4 wellness days, and unlimited sick and mental health days per year; Work outside Canada for up to 90 days per year; Employee resource groups, including Rainbow (2SLGBTQ), Women of WS, and Black at WS